Relationship between Taishan Financial Group and Urban Heating Company

1, the heating business of Taishan Financial Group is under the responsibility of Taishan Thermal Power Company. Taishan Thermal Power Company is a subsidiary of Taishan Financial Group, which is mainly responsible for the heating business in Tai 'an.

2. Taishan Thermal Power Company occupies an important position in Taishan Financial Group. Taishan Thermal Power Company is responsible for the heating business of Taishan Jincai Group. Its business scale is large, with three regional heating stations and three peak-shaving boiler rooms. The length of heating pipe network is1.025km, accounting for 80% of the total heating area in Tai 'an.

3. Taishan Financial Group supports the business development of Taishan Thermal Power Company. Taishan Thermal Power Company undertook the key projects of the city in 2023, including the long-distance transportation and heating pipe network project of Laire into Thailand, and the intelligent energy-saving renovation project of central heating in the old residential area of Taicheng. These projects have been supported and promoted by Taishan Jincai Group.